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Dominating Region: North America
North America is projected to lead the pet travel accessories market in 2024, holding 54.5% of the market share. This dominance is driven by high pet ownership and increasing spending on pet products in the U.S. and Canada. The region benefits from the strong presence of major manufacturers and a wide range of innovative pet accessory products, solidifying its position as a market leader.
Fastest-Growing Region: Asia Pacific
Asia Pacific exhibits the fastest growth due to increasing pet adoption, rising disposable incomes, and growing awareness about pet care in emerging countries. Evolving retail landscapes and expansion strategies adopted by international brands such as LS are further fueling market expansion in Asia Pacific.
Pet Travel Accessories Market Outlook for Key Countries
Dominance of U.S.-Based Companies in the Pet Travel Accessories Market: Innovation and Trends in Pet Travel Products
The U.S. pet travel accessories market is dominated by U.S.-based companies such as central garden & pet company that offer high-quality accessories and continue extensive R&D to develop new types of products. Many companies are introducing innovative travel products, such as portable pet carriers, safety harnesses, and travel bowls. Dogs are the most common pets, and there is a growing trend of pets being considered integral members of the family, especially during travel.
Domestic Expansion and Rising Demand for Pet-Friendly Travel Products in China
China's pet travel accessories market is seeing enthusiastic uptake of pet products, supported by domestic players as well as global brands setting up local manufacturing bases. In 2023, local manufacturers such as Kong Company expanded their product lines to include a variety of pet travel accessories such as carriers and seat covers. China, with its burgeoning middle class and growing pet culture, is anticipated to experience the fastest growth in this market. The rise in pet ownership, particularly among urban populations, is propelling the demand for pet-friendly travel products. For instance, according to the China Daily Hong Kong Data published in September 2024, the market in China is expected to grow at a CAGR of 8.5% from 2024 to 2032, driven by factors such as increased pet adoption and a growing focus on pet comfort and safety.
Urbanization, Rising Incomes, and Increasing Pet Adoption Among Younger Generations in India
India is witnessing rapid growth in the pet travel accessories market, driven by rising urbanization, disposable incomes, and an increasing pet adoption trend, especially among younger populations. The adoption of pets, particularly dogs and cats, is on the rise in India, driven by factors such as companionship, rising disposable income, and changing attitudes towards pet care. In fact, younger people, especially millennials and Gen Z, are increasingly choosing pets due to their emotional and psychological benefits.
High Pet Ownership and Growing Demand for Premium Travel Products in Canada
Canada has one of the highest pet ownership rates in the world. According to the Canadian Animal Health Institute (CAHI) in 2022, over 58% of Canadian households have pets, and the majority own dogs and cats. With more Canadians living in urban areas and the increasing trend of pet-friendly hotels, airlines, and public spaces, there is a growing demand for pet travel accessories. Pet owners in Canada, particularly in urban areas like Toronto and Vancouver, are willing to spend on high-quality pet products, including those related to travel such as pet carriers, pet travel beds, and pet-safe car accessories.
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